Anthem tops third-quarter forecasts as it absorbs big expense hit
Operating revenue for the Indianapolis-based insurer climbed 16% from the same quarter last year to $30.65 billion. But net income fell to $222 million from $1.18 billion.
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COVID-19 kills 51 more Hoosiers as cases top 2,000 for fifth straight day
The Indiana State Department of Health on Tuesday reported that the seven-day moving average for cases has reached an all-time high of 2,282.
Lilly still bullish on COVID-19 therapy, despite end of trial
Although federal officials pulled the plug on a trial testing a Lilly antibody drug for people hospitalized with COVID-19, other studies for the therapy are continuing on populations that could become big markets.
UPDATED: Lilly antibody drug fails in COVID-19 study for hospitalized patients
The discontinuation of the study, along with the release of third-quarter earnings that fell short of analysts’ expectations, caused Lilly shares to fall 3.5% in premarket trading Tuesday.
Hospitals nationwide see flood of COVID-19 patients
Forty-one states and Puerto Rico have more hospitalized COVID-19 patients now than at the end of September, and 22 of those states have seen increases in excess of 50%, according to health data analyzed by The Washington Post.
Indiana gets 10-year extension for HIP insurance program, but Obamacare lawsuit clouds future
The program for low-income Hoosiers is funded by federal Medicaid dollars, but Indiana Attorney General Curtis Hill Jr. is backing a multistate lawsuit that would eliminate the Affordable Care Act. Without federal funding, Indiana likely could not afford to continue HIP.
State provides first look at COVID-19 vaccination plans
The draft from the Indiana State Department of Health indicates that health care workers would be the first to get inoculated, to be followed by vulnerable groups, such as people 65 years or older.
Indiana’s count of new COVID-19 cases tops 2,000 for third straight day
The state on Sunday reported 12 new deaths due to COVID-19, the lowest number since Oct. 12. Newly reported deaths have been in double digits 18 times over the past 20 days.
Indiana COVID-19 hospitalizations hit highest mark since April
The Indiana State Department of Health on Saturday reported 2,765 new COVID-19 cases, the second-highest number of new cases reported so far in the department’s daily report.
Some hospitals in crisis as U.S. nears high for COVID-19 cases
The United States is approaching a record for the number of new daily coronavirus cases in the latest ominous sign about the disease’s grip on the nation.
Indiana reports 2,519 more COVID-19 cases, another rise in hospitalizations
The Indiana State Department of Health has reported 205 new deaths due to COVID-19 over the past seven days, an average of 29.3 per day.
Challenge of helping hungry families has snowballed during pandemic, panelists say
The complexity of addressing food insecurity in central Indiana has grown since March, according to experts at IBJ’s “Hunger & Health” event on Friday.
Vice President Pence casts absentee ballot in Indianapolis
Vice President Mike Pence and his wife, Karen, put their absentee ballots in a drop-off box about 8:15 a.m. Friday, shortly after the polls opened in the Indianapolis City-County Building.
Trump, Biden fight over the virus, oil, climate and race
In the campaign’s closing debate, President Trump and Joe Biden largely shelved the rancor that overshadowed their previous battle in favor of a more substantive exchange that highlighted different approaches to major domestic and foreign challenges facing the nation.
Three area hospital systems call racism a ‘public health crisis’
The joint statement by Indiana University Health, Community Health Network and Eskenazi Health is the latest pledge by Indianapolis-area business groups to address racial inequities.
FDA approves first COVID-19 drug: antiviral remdesivir
The drug, which California-based Gilead Sciences Inc. is calling Veklury, cut the time to recovery by five days—from 15 days to 10 on average—in a large study led by the U.S. National Institutes of Health.
Retailer Gap Inc. to close 350 stores, move away from malls
The closure of so many mall stores will be a blow to Indianapolis-based shopping center giant Simon Property Group. Gap Inc. has more than 390 stores at Simon’s malls, including its namesake brand, Old Navy and Banana Republic.
Senate Republicans fume as Mnuchin gives ground to Pelosi in search of deal
Senate Republicans are growing increasingly frustrated with Treasury Secretary Steven Mnuchin as he makes what they see as unacceptable compromises in his quest for a stimulus deal with House Speaker Nancy Pelosi, people familiar with the talks said Thursday.
Indiana reports all-time high in new COVID-19 cases, testing
The state reported 42 new deaths due to COVID-19, the second time in three days that deaths have exceeded 40. Hospitalizations rose past 1,500 for the first time since May 4.
American, Southwest, Alaska add to airline loss parade in third quarter
Combined with earlier losses reported by Delta and United, the four largest U.S. airlines have lost at least $10 billion in each of the last two quarters. A recent uptick in passengers, however modest, has provided some hope.